Rand Paul’s Subsidies Twist
Sen. Rand Paul, who opposes the Republican Senate health care bill, says subsidies “are actually greater under the Republican bill than they are under the current Obamacare law.” But the nonpartisan Congressional Budget Office says the average subsidy under the bill would be “significantly lower than the average subsidy under current law.”
In all, CBO estimates the government will save $424 billion over 10 years (compared with current law) due mainly to reductions in government subsidies.
Paul’s comment came on ABC’s “This Week” on June 25, as he argued that the current version of the Senate health care bill, the Better Care Reconciliation, “looks just like Obamacare and still doesn’t fix the fundamental flaw of Obamacare.”
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